SOUTH GLENS FALLS FIRE CO INC (EIN 141741306) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1930

Legal Domicile

Principal Officer

WAYNE PALMER

Phone

5187934121

Tax Period

2024-01-01 to 2024-12-31

SOUTH GLENS FALLS FIRE CO INC, founded in 1930, is a small nonprofit in the Public Safety sector that reported $943K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $237K, a strong 25% operating margin.

Mission

FIRE PROTECTION

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $15,216

Program Service Revenue $840,603

Investment Income $20,186

Other Revenue $67,257

TOTAL REVENUE $943,262

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $7,398

Program Expenses $647,060

Other Expenses $706,475

TOTAL EXPENSES $706,475

Year-over-Year Comparison

	2024	2023	Change
Revenue	$943,262	$693,724	+0.4%
Expenses	$706,475	$643,957	+0.1%
Net Income	$236,787	$49,767	+3.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANISSA JACOX	SECRETARY	10.00	Officer Director	$0	$0	$0
KEN JACOX	TREASURER	5.00	Officer Director	$0	$0	$0
WAYNE PALMER	PRESIDENT	10.00	Officer Director	$0	$0	$0
BEN VAILLANCOURT	DIRECTOR	5.00	Director	$0	$0	$0
BRUCE LANT	DIRECTOR	5.00	Director	$0	$0	$0
BRANDON HAYES	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
ROB CHADWICK	DIRECTOR	5.00	Director	$0	$0	$0
TIM PEASE	DIRECTOR	5.00	Director	$0	$0	$0
COREY FARR	DIRECTOR	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$943,262	$706,475	$2,769,985	$236,787
2023	$693,724	$643,957	$2,610,312	$49,767
2022	$734,922	$649,900	$2,836,959	$85,022
2021	$733,590	$675,767	$2,920,079	$57,823
2020	$655,404	$571,546	$2,832,787	$83,858
2019	$668,799	$663,021	$2,916,370	$5,778
2018	$664,183	$715,340	$3,093,164	$-51,157

SOUTH GLENS FALLS FIRE CO INC